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Continuing to support SMEs with Asset Refinance options

Access the value held in your existing assets, using this to purchase new equipment or ease cash flow in other areas of your business.

NOTICE: Due to the coronavirus and the effect this is having on businesses, we cannot guarantee that post is arriving and being picked up at our offices within previous timescales. We recommend that if you require a timely response that you also contact us via our enquiry form or call us directly 

Coronavirus Business Interruption Loan Scheme (CBILS)

CBILS can provide working capital for smaller businesses in the UK who are experiencing lost or deferred revenues due to Coronavirus. CBILS is a government-backed scheme provided by the British Business Bank with the aim of supporting the continued provision of finance to UK businesses.

At this time we can offer CBILS to current Close Brothers Asset Finance customers, however we may still be able to help your business so please get in touch if you have any questions regarding CBILS and whether or not your company qualifies. 

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Business Barometer: Pandemic changing payment culture

45%

of businesses are using less cash

33%

increase in use of card payments

10%

of business owners say using cash makes them feel ‘unsafe’ or ‘very unsafe’

More Business Barometer insights

All figures, unless otherwise stated, are from a Kantar survey conducted in June/July 2020. The survey canvassed the opinion of over 900 SME owners across the UK and Ireland and across several industries on a range of issues affecting their businesses.

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